Walmart to Accept Used Video Game Trade-Ins

Walmart to accept video game trade-ins in stores
Jacquelyn Martin/AP
NEW YORK -- Walmart plans to expand its video game trade-in program to its stores, offering store credit for thousands of video games.

The world's largest retailer plans to let video game owners trade in used video games online and in Walmart and Sam's Club stores for store credit but not cash. Previously they offered trade-ins on a more limited basis online.

It will also offer refurbished used games in its stores for the first time. Walmart (WMT) has been seeking new ways to boost revenue as its low-income customers remain under pressure due to a weak jobs picture and shaky economy.
In its most recent fourth quarter, net income dropped 21 percent, and the Bentonville, Ark.-based company gave a subdued forecast for the current year.

"Gaming continues to be an important business for us and we're actively taking aim at the $2 billion pre-owned video game opportunity," said Duncan Mac Naughton, chief merchandising and marketing officer for Walmart U.S.

In a call with journalists, Walmart executives said CE Exchange, the company that partnered with them on their trade-in program for smartphones and tablets launched in the fall, will also be in charge of the new video game program.

The value for each trade-in video game will vary by the title, console and age of the game. The amount will range from just a few dollars for older games to $35 and more for newer ones.

Amazon.com (AMZN), Target (TGT), Best Buy (BBY), GameStop (GME) and others also offer video game trade-in programs that offer store credit or cash for video games.


Increase your money and finance knowledge from home

Behavioral Finance

Why do investors make the decisions that they do?

View Course »

Introduction to ETFs

The basics of Exchange Traded Funds and why ETFs are hot.

View Course »

Add a Comment

*0 / 3000 Character Maximum

4 Comments

Filter by:
artorius317

Good. Maybe they'll give you more than Gamestop, that place is a rip-off.

March 18 2014 at 8:04 AM Report abuse rate up rate down Reply
Bèniān Shēng

Don't trade in your games, sell them on eBay and pocket more. And good luck carrying a videogame into Walmart without being slammed onto the ground by their security teams. I've had them try to search my purse before entering the store saying 'they don't allow outside merchandise into the store.' Well heck, let me strip naked before I go in cause I don't buy their cheap clothing. They've also tried to search my Walmart bags after purchase before I leave the store, which is illegal in my state without proper signs on entrances indicating they are going to do such.

March 18 2014 at 7:55 AM Report abuse rate up rate down Reply
1 reply to Bèniān Shēng's comment
artorius317

I've returned many things to Walmart and have NEVER been slammed to the ground. Further more, only a fool would waste their money buying games on ebay.

March 18 2014 at 8:07 AM Report abuse +1 rate up rate down Reply
nos2001

gamestop has been doing this for many years,

March 18 2014 at 7:54 AM Report abuse rate up rate down Reply